Additions u/s 69 - So long as the explanation is not sufficient ...
Income Tax
April 8, 2015
Additions u/s 69 - So long as the explanation is not sufficient and it can be termed as deemed income of HUFs, it is not necessary to further examine the aspect as to whether there was any income earned by the Company and as to whether there was diversion of money to the HUFs or not? - HC
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